Corporate Fixed Deposit Returns Calculator

ICICI Bank allows customers to book FD through CIB, InstaBIZ, API and Branches.

Minimum lock-in period for a Corporate FD is 7 days.

There are two types of Corporate FDs.

Cumulative FDs - In Cumulative FD interest is calculated on quarterly basis and reinvested back into the principal amount. At the time of maturity interest is paid to the customer along with principal amount.

• Minimum deposit amount: Rs 10,000

• Tenure of deposit: Minimum 6 months and maximum 10 years

• Interest is compounded quarterly

Traditional FDs have 3 types of interest payout

1. Monthly payout FD - interest is paid to the customer on completion of the month.

   • Minimum deposit amount: Rs 10,000

   • Tenure of deposit: Minimum 3 months and maximum 10 years

2. Quarterly payout FD - Interest is paid to the customer on completion of the quarter.

   • Minimum deposit amount: Rs 10,000

   • Tenure of deposit: Minimum 3 months and maximum 10 years

3. Period payout FD - Interest is paid to the customer on completion of the entire tenure.

   • Minimum deposit amount: Rs 10,000

   • Tenure of deposit: Minimum 7 days and maximum 185 days

Interest can be paid quarterly, monthly, cumulative or on maturity.